Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2019

Dear All,

Central Government makes the rule further to amend Companies (Prospectus and Allotment of Securities) Rules, 2014.

These rules called as Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2019.

As per the said rule, in E Form PAS-3, in serial number 6(b) under the head “Declaration that in respect of preferential allotment or private placement the company has”, words “not allotted securities with an application size of less than twenty thousand per person” has been omitted.